PSX Company Profiles
What listed companies do, how they make money, key financials and Shariah status, researched by the PSX Investors Zone team.
2 companies
Textile Spinning
Ellcot Spinning Mills Limited
Ellcot Spinning Mills Limited (PSX: ELSM) is a Pakistani textile manufacturer specialising in yarn production and sale. Incorporated in 1988, the company is part of the Nagina Group, with its registered office in Lahore and manufacturing facility in District Kasur. For FY2026, it reported revenue of approximately Rs. 16.226 billion, profit after tax of Rs. 206.175 million and EPS of Rs. 18.83, compared with FY2025 profit after tax of Rs. 76.618 million and EPS of Rs. 7.00. The Board recommended a final cash dividend of Rs. 6.50 per share for FY2026, subject to shareholder approval. ELSM appears in the PSX Investors Zone Shariah-eligible stocks directory; investors should confirm its latest official screening status. PSX also displays a Risk Warning Alert concerning potential trading suspension or delisting, which is a material regulatory risk.
Textile Composite
Faisal Spinning Mills Limited
Faisal Spinning Mills Limited (PSX: FASM) is a Pakistani textile manufacturer incorporated in 1985. The company manufactures and sells yarn, greige fabric, dyed fabric and home textile products through its spinning, weaving, finishing and home textile operations. Its business performance depends on textile export demand, local and international cotton prices, energy costs, production efficiency, exchange-rate movements and financing expenses. In FY2026, the company reported net sales of approximately Rs 45.84 billion and a net loss of Rs 413.54 million, compared with a net loss of Rs 269.27 million in FY2025. FASM was included as Shariah-compliant in the PSX-KMI All Share Islamic Index recomposition announced in May 2026, based on financial statements as of December 31, 2025. However, its reported debt-to-assets screening ratio was 35.51%, close to the then-applicable 37% threshold. The stricter 33% threshold scheduled for the November 2026 recomposition makes verification of its updated status important. PSX also displays a Risk Warning Alert relating to continuous violations of specified exchange regulations and potential trading suspension or delisting. Investors should assess this regulatory warning separately from the company's Shariah screening and financial performance.